2370 Lime AV
Long Beach, CA, 90806
$2,795,000
16 Beds
12 Baths
6,440 SqFt
0.15 Acres
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2nd Price Reduction! 8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6.5% from day 1! Attractive 2.05M assumable financing at an incredibly low interest rate of 4.9% fixed through 01/01/2028. Large unit mix of 4 (3Bed/1.5Bath) units in front plus 4 (1Bed/1Bath) units in the back including 2 brand-new ADUs. Each of the three-bedroom units come with interior laundry and their own one car garage/storage in the back. Many units boast upgrades such as modern cabinets, new flooring, updated kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

Property Details

Price:
$2,795,000
MLS #:
25619789
Status:
Active
Beds:
16
Baths:
12
Type:
Single Family
Neighborhood:
9polyhigh
Listed Date:
Nov 17, 2025
Finished Sq Ft:
6,440
Total Sq Ft:
6,440
Lot Size:
6,427 sqft / 0.15 acres (approx)
Year Built:
1930
9 – Poly High9polyhigh

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Schools

Interior

Appliances
MW, RF
Heating
WL

Exterior

Parking Spots
4

Financial

Gross Operating Income
$244,544
Net Operating Income
$181,865

Map

Community

Market Summary

Current real estate data for Single Family in Long Beach as of Dec 11, 2025
427
Single Family Listed
50
Avg DOM
470
Avg $ / SqFt
$1,050,184
Avg List Price

Property Summary

    2370 Lime AV Long Beach CA is a Single Family for sale in Long Beach, CA, 90806. It is listed for $2,795,000 and features 16 beds, 12 baths, and has approximately 6,440 square feet of living space, and was originally constructed in 1930. The current price per square foot is $434. The average price per square foot for Single Family listings in Long Beach is $470. The average listing price for Single Family in Long Beach is $1,050,184.

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2370 Lime AV
Long Beach, CA